When selecting an ERP software package, it is important to research all aspects of the package including the platform on which it will run
Indicate whether the statement is true or false
TRUE
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When strategic managers assess the competitive power of company resources, what matters is
A. whether customers are aware of the resource and view it positively enough to boost the company's brand name reputation. B. whether the resource is technology based or based on superior marketing know-how. C. whether the resource is something rivals are unable to perform, if it is an important differentiating product or service feature, how strongly it contributes to the company's brand image, and if it is the foundation of a cost-based advantage. D. whether the resource is really competitively valuable, if it is rare and something competitors lack, how hard it is to copy or imitate, and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals. E. whether it helps differentiate a company's product offering from the product offerings of rival firms.
Patents differ from copyrights in that, patents ________
A. are granted for an unlimited period of time B. give its owner the exclusive right to use or sell a particular product C. create perfect competition in the market D. give its owner the pecuniary right to performance
On your resume, the entries in each of your bulleted lists should be short, active, and memorable. Starting each of these entries with a(n) passive verb makes them more interesting and easier to read. _________________________
Answer the following statement true (T) or false (F)
Refer to the information above. What is the minimum inventory held in a given EOQ cycle?
A) 0 bags B) 2500 bags C) 50 bags D) 25 bags E) 100 bags